Business

Scottish Friendly appoints two new non-executive directors


Scottish Friendly has appointed Mark Laidlaw and Stephen McGee as non-executive directors.

They bring with them more than 40 years’ worth of industry experience across pensions, investments and protection, many of which have been spent at a senior c-suite level.

Laidlaw is currently corporate strategy director at LV=, where he recently oversaw the sale of the business to a private investment firm, following a strategic review process that he ran directly with the chief executive.

During his career, he has held several executive level roles across actuarial, finance, risk and strategy, for organisations in the UK and internationally.

Previous positions include chief capital and investment officer at LV= and chief risk officer, as well as chief financial officer of Aegon UK.



Scottish Friendly's new non-executive director Mark Laidlaw
Scottish Friendly’s new non-executive director Mark Laidlaw

McGee is currently chief financial officer at Aegon UK, where he is responsible for the leadership of the finance function and, as a board member, also contributes to the wider strategy and performance of the company.

He has more than 25 years’ experience working in the financial services industry, including three years as chief actuary at Lloyds Banking Group and 12 years at Phoenix Group.

Scottish Friendly’s chairman David Huntley said: “The vast experience they bring with them will serve to strengthen the technical capability of our current board and complement our existing team of non-executive directors.

Laidlaw commented: “Having worked in various capacities across the financial industry I am keen to use my knowledge and experience to help Scottish Friendly continue to go from strength-to-strength.”

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McGee added: “The past 18 months has been a difficult time for the industry but Scottish Friendly has shown its ability to adapt and to always operate with the best interest of its members in mind, so I am very much looking forward to working closely with the board to help steer the business forward.”

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